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February 6, 2020
ISO New England's 14th Forward Capacity Market (FCM) primary auction (FCA #14), for the delivery year 2023-2024, closed at a preliminary clearing price of $2.00 per kilowatt-month (kW-month) across New England, compared to $3.80/kW-month in last year’s auction.
January 23, 2020
A bill prohibiting residential door-to-door electricity sales in Maine has been offered as an alternative to a complete end of retail electric choice for residential customers
January 17, 2020
A retail energy veteran is the CFO at start-up retail energy supplier Actual Energy, Inc., whose creation had exclusively been first reported by EnergyChoiceMatters.com earlier this month
December 11, 2019
Default Service Rate Falls 24%
After an initial RFP for standard offer service electricity supplies for the large customer class at Emera Maine-Maine Public District (MPD, formerly Maine Public Service) did not result in any bids, the Maine PUC has set a fixed standard offer rate for the class and has designated a default service…
December 3, 2019
The Maine PUC disclosed winning Standard Offer providers at Central Maine Power and Emera Maine-Maine Public District
December 2, 2019
Verso Paper Holding LLC, an indirect, wholly-owned subsidiary of Verso Corporation, has entered into a transaction under which it will sell 100% of the equity interests of Verso Androscoggin LLC (Androscoggin), including its FERC-jurisdictional facilities, and 100% of its equity interests in retail…
November 26, 2019
The Maine PUC disclosed winning Standard Offer suppliers at Emera Maine-Bangor Hydro District (EME-BHD, formerly Bangor Hydro-Electric)
November 25, 2019
In ruling on an ISO New England compliance filing relating to electric storage participation in the wholesale market, FERC directed changes to ensure that electric storage resources will not pay both the wholesale and retail price for the same charging energy
November 19, 2019
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric (Emera-BHD aka BHE) for the month of December 2019.
November 14, 2019
The Maine PUC approved new Standard Offer electric rates for Central Maine Power and Emera Maine-Maine Public District (MPD, formerly MPS) for various customer classes for the period January 1, 2020 to December 31, 2020
November 13, 2019
A federal bankruptcy court has approved the sale of various Agera Energy LLC, Aequitas Energy, Inc. and energy.me midwest llc retail energy customer contracts to Exelon Generation Company, LLC (Constellation)
November 12, 2019
The Maine PUC has approved new Standard Offer electric rates for the Emera Maine Bangor Hydro District (formerly BHE), for the 12-month period beginning January 1, 2020
November 11, 2019
Revised Rule Addresses Exemption Of Existing Contracts From Recent Legislative RPS Change
The Maine PUC has adopted final rules to implement the recently enacted L.D. 1494 which, among other things, established a new Class IA RPS applicable to retail suppliers and SOS suppliers, with the Class IA RPS equaling 40% of sales by 2030
November 6, 2019
The Maine PUC issued an order to show cause to Clearview Electric, Inc, (Clearview) under which the retail supplier was directed to, "show cause why it should not be found to have violated Maine statutes and Commission rules regarding its operations as a licensed competitive electricity provider…
November 6, 2019
Innovative Northeast Retail Supplier Inspire Energy Receives Texas Retail Electric Provider Certificate
October 25, 2019
The Maine PUC has opened an inquiry to evaluate the proposal for creation of the Maine Power Delivery Authority as presented in proposed L.D. 1646, An Act To Restore Local Ownership and Control of Maine's Power Delivery Systems
October 22, 2019
Exelon has launched a new business venture, Breakerbox, LLC, to provide energy consulting services to commercial and industrial customers.
October 17, 2019
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric (Emera-BHD aka BHE) for the month of November 2019.
October 7, 2019
The Chapter 11 bankruptcy filing of Agera Energy LLC and affiliates (the Debtors) reveals that Constellation's (Exelon Generation Company, LLC, or Exelon) acquisition of the Agera customer book is subject to a bid process under which Exelon has been named the stalking horse bidder
October 4, 2019
Agera Energy and its affiliates have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York and is facilitating an asset sale to Constellation, a subsidiary of Exelon Corporation, subject to bankruptcy court approval. If approved by the…
September 24, 2019
Drift Marketplace Seeks Retail Supplier License In New State
September 18, 2019
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric (Emera-BHD aka BHE) for the month of October 2019.
September 4, 2019
The Maine Office of the Public Advocate has recommended to the Maine PUC that the PUC suspend Electricity Maine’s retail electric supplier license for a minimum of one year and impose a civil penalty of no less than $1 million on the company
September 4, 2019
As directed by recently adopted legislation (L.D. 1003), the Maine PUC issued a proposed rule to require electric investor-owned transmission and distribution utilities to annually provide customers with a 10-year history of Standard Offer rates as part of the customer bill.
September 3, 2019
FERC has extended until April 15, 2020 for ISO-NE to file a long-term fuel security mechanism.
